A person working as a Cash Management Specialist in United States of America will on average earn $42535 per year (pre-tax value). Salary is provided in USD ($/dollar) value.
Below is a break-down of yearly, monthly, weekly and hourly rate.
| Rate Type | Amount (USD) |
|---|---|
| Yearly salary | $42,535.00 |
| Weekly salary | $817.98 |
| Daily salary | $116.53 |
| Hourly salary | $14.57 |
This means cash management specialist salary is below average!
Job Industry: finance
Description: A cash management specialist is responsible for overseeing the financial transactions and cash flow of an organization. They analyze and forecast cash needs, monitor cash balances, and ensure that funds are allocated efficiently. These specialists develop strategies to optimize cash flow, minimize risks, and maximize returns on investments. They may also negotiate with banks and financial institutions to secure favorable terms for cash management services. The role requires strong analytical skills, attention to detail, and proficiency in financial management software. Cash management specialists should have a deep understanding of banking systems, financial markets, and regulatory requirements. They must be able to identify potential risks and implement appropriate controls to safeguard the organization's cash assets. Effective communication and interpersonal skills are essential when collaborating with internal stakeholders and external partners.
Tagged with: Cash management, Financial analysis, Risk management, Cash flow forecasting, Banking relationships, Financial software.